A filing with the US Securities and Exchange Commission revealed that Aptalis Holdings Inc has plans to conduct a share sale on the Nasdaq Stock Market and raise up to $500 million in the process.
Institutional investors
US firm Mederi Therapeutics bags $18.5M in Series B for GERD and bowel incontinence treatment
Connecticut, US-based pharmaceutical firm Mederi Therapeutics raised $18.5 million in a Series B funding round for the sales and marketing of its treatment for Gastrointestinal Reflux Disease (GERD) and fecal incontinence.
South Korean private equity funds lead in domestic buyout market
Local buyout funds like MBK Partners and Vogo Fund are now leading the domestic buyout market in South Korea just nearly a decade after its first private equity fund was established in the country, the Financial Times reported.
Fidelity Investments changes managers at two dividend growth funds
Lawrence Rakers will be replaced by Ramona Persaud as the manager of Fidelity Dividend Growth Fund and Fidelity Advisor Dividend Growth Fund starting January 1, Bloomberg reported.
China's CIC to back bid for Australia's Warrnambool - report
China Investment Corporation, an investment fund owned by the Chinese government, is backing a Chinese food company that is considering bidding for Australia's Warrnambool Cheese and Butter Holdings Co, the Business Spectator reported on Friday, without citing any sources or naming the company.
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Investors seemed to be positive with regard to news from former Brazilian billionaire Eike Batista about Oleo & Gas Participacoes SA's creditors agreeing to convert $5.8 billion worth of company debt into equity stakes.
South Korean-based private equity firm Hahn & Co will pay $283 million to buy a 76% stake in Hanjin Shipping Co's bulk carrier business, Bloomberg reported.
Venture capital firms have supported niche e-commerce firms in India like CarDekho.com and Lenskart because they are profitable but require less capital, The Financial Express reported.
The UK government is mulling on rule changes that would make it easier for small and medium-sized businesses (SMBs) to obtain funding from alternative financiers and new banks.
The number of internet cafés in China has decreased, a collateral damage to China's bid to go online as smartphones and tablet devices grow in popularity, a Financial Times report said.
Financial data from Mergermarket indicated an increasing influence of local buyout firms in South Korea, thanks largely to the support of the national government by relaxing regulations, a Financial Times report said.
Bankers expressed their doubts that Royal Dutch Shell's 23.1% stake in Woodside Petroleum could be snatched up by bigger oil companies as the latter are also eyeing to sell assets as well.
Shares of NH Investment & Securities Co gained the most in more than three years after Woori Finance Holdings said its parent company NH Financial Group Inc was the frontrunner to purchase the Woori Investment & Securities Co.
Fortissimo Capital, a private equity fund, won the bid for Israel-based Eshbel with NIS 192 million after the software company was put on the auction block.
